Babylon Proposes Lower Bitcoin Staking Fees
AI Summary:
Babylon, the Bitcoin staking protocol, has launched a governance proposal to modify the Babylon Genesis chain parameters. The key change? Reducing the unbinding fee in phase 2 from 100 sats/vbyte to 30 sats/vbyte—a move aimed at making staking more cost-effective.
Voting is live now
Ends: Monday, April 21, 2025, at 7 a.m. UTC
This proposal could significantly lower the barrier for stakers and boost participation in the ecosystem.
#Bitcoin #BabylonStaking #CryptoGovernance #BTCStaking #Web3Update
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